Thursday FanDuel Bonus Offer: Yankees Gerrit Cole K Prop Odds Boost

Written By Stephen Andress on July 7, 2022 - Last Updated on July 9, 2022
fanduel odds boost

Not all sportsbook odds boosts are worth betting. Some do not add enough additional expected value from the original price, and some sports betting apps will simply offer a better price than another sportsbook’s odds boost. The FanDuel odds boost Thursday night offers a strikeout prop on ace Gerrit Cole combine with Yankees moneyline.

It can be found by tapping the boosts button near the top of the FanDuel Sportsbook app home screen. Let’s analyze if the Cole odds boost is worth betting and show you how to measure whether future odds boosts should trigger a wager as well.

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How To Analyze The FanDuel Odds Boost

Today’s FanDuel odds boost offers a Same Game Parlay on Gerrit Cole to record 7+ strikeouts and the Yankees to win up to a max bet of $50. The boosted price is +160, up from the +122 price you get if you plugged this into a FanDuel Same Game Parlay.

Step 1: Find The Fair Market Price

For straight up odds boosts on props, you can use our Prop Finder Tool to compare the odds offered on the same prop across sportsbooks. This one is a little trickier, as it’s a Same Game Parlay. These days, books offer worse prices through their Same Game Parlay generators than they do through a traditional parlay on the app outside the SGP machine.

Using the Prop Finder Tool, we find his straight-up K prop is at 7.5, which doesn’t help us here, because the odds boost is for 7+ strikeouts (over 6.5). So we have to search alternate K prop lines. Searching legal sportsbook apps, here’s what I found for alt-lines on Cole over 6.5 Ks:

  • FanDuel: -172
  • DraftKings: -210

Now, let’s find the best available price on Yankees ML from our MLB odds page, with New York at Boston Thursday night:

So the fair market prices for each leg of this SGP is -172 for 7+ strikeouts and -167 for Yankees ML (at the time of publish). Using a standard parlay calculator, we get a fair market price of about +153 for this parlay.

Step 2: Calculate The Expected Value Increase

Now that we have a fair market price to compare with the odds boost, we can calculate how much additional expected value (EV) this FanDuel odds boost gives us.

First, convert each price to implied probabilities. There are calculators that can do this quickly for you, but the equation is:

[100 / (positive odds + 100)] x 100 = implied probability

Using this formula, we find these implied probabilities:

  • Fair Market Price: 39.53%
  • FanDuel Odds Boost Price: 38.5%

Finally, to calculate how much of an increase in expected value this is:

(fair market implied probability/odds boost implied probability) – 1 x 100

So (39.53/38.5) – 1 x 100 gives us about 2.67. This is how much additional expected value the FanDuel odds boost is offering, about +2.7% EV.

Step 3: Is It Worth A Bet?

Typically, we’re looking for at least +5% EV to consider betting an odds boost. It is also not uncommon for us to see odds boosts offered that add +10% or even +15-20% EV.

The final analysis you should always consider when deciding whether or not to bet an odds boost is actual on-field handicapping. How do the two teams matchup? Are advanced statistics indicating potential regression from recent performances.

As our +EV increase is below 5% in this case, we won’t go into that here. This is not an odds boost I would personally wager on Thursday.

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Stephen Andress Avatar
Written by
Stephen Andress

Stephen Andress joined Catena Media as Managing Editor of TheLines.com in March 2021. He began his career as a sports anchor and reporter in Eugene, OR before moving to Louisville, KY. There he covered the Kentucky Derby, Sugar Bowl and three consecutive Final Fours. Stephen later won an Emmy award while working for the Indianapolis Colts. More recently, he produced content for the PGA TOUR and multiple fantasy football and sports betting websites. Nothing has excited him more in his career than seeing legalized sports betting in the United States and the opportunity to share his knowledge and enthusiasm for it. His hobbies include kicking his high school friends' butts in fantasy football, Japanese whisky and Kentucky bourbon, golf outrights and supporting RIP Medical Debt, a charity which works to wipe out medical bills for those who have been unable to cover the cost of getting sick.

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